So far we've only fixed up the necessities that were neglected by the prior landlord, however one of the tenants should be out by end of February, 2024 so we will be updating the unit which should allow us to raise rent from current $1200 to ~$1500.

A pool is not a necessity, most would say that electricity is.  

A bookkeeper will charge less , and in my business judgment it seems like a bookkeeper supervised by an accountant who will handle the taxes Would be a positive.If you intend to do it yourself and think you can master Quickbooks, And journal entries, and closing the books, and et cetera, and Find yourself in over your head, A bookkeeper will probably be a necessity.

I am starting my first Airbnb property in Sedona, AZ. I have seen so many posts that recommend different types of insurance coverage such as property,  umbrella coverages,.. for STR from different providers like Prope...

I did not think they would ever retire; however, this summer my mom was diagnosed with Alzheimer's, so it was out of necessity. 

Our rate is 5.6% so it's not terrible but it's leaving us in a tough position as our necessity for STR income is quite high so paying down a portion would be great.

Where this unit is located, a heater is not really a necessity but a hot water heater is. 

The absolute necessities for us is private parking for at least one car and washer dryer.

Thank you for the break down, to your point I'm realizing the architect/plans are a necessity, especially if they provide guidance with city ordinance. 

Minimum of 200 amps to each unit, 400 might be nice to offer, if you can do 3 phase 120/240 that will be better, separate panel and meter for each unit is a necessity.